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Redwood Plaza Shopping Center
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3330 Pacific Ave SE, Olympia, WA 98501

Fully occupied retail center with NNN leases and five-year options for every tenant.

Property Size14,184 SF
Days on Market143

Property Features for 3330 Pacific Ave SE

General Information

Standard status Active
Size 14,184 SF
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: Kidder Mathews Seattle
Listed By: David Gellner · License #WA 112893
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Seattle

Investment Insights

Based on property information with market context.

Redwood Plaza is a 14,184-square-foot shopping center at 3330 Pacific Ave SE in Olympia, Washington. The property is fully occupied and operates with NNN lease structures; each tenant has five-year options. Its retail setting includes adjacency to Olympia North Shopping Center and proximity to an Albertsons grocery store serving as a shadow anchor.

The surrounding Olympia North development includes three additional pads, while the Ross-anchored Olympia South Shopping Center contributes an additional retail draw nearby. The property also benefits from a varied tenant mix and the related retail activity among these shopping centers.

Key Highlights

  • 14,184‑square‑foot shopping center at 3330 Pacific Ave SE, Olympia, WA 98501
  • 100% occupied with NNN leases
  • 5‑year options for all tenants

Property Analytics

Current Use

ATHENA FITNESS AND WELLNESS Gym & Fitness Center Discipline Untamed Gym & Fitness Center Melissa Shafer Physician The Pool Guy Plus ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Parts Store Grocery & Convenience Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,274
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98501, WA

45,274
Population
19,969
Households
2.3
Avg Household Size
40
Median Age
48%
College-Educated
97%
High-School Grad
34.9 sq mi
ZIP Area
1,297
Density / Sq Mi
$95,695
Median Household Income
$55,909
Median Earnings
$1,600
Median Rent
$485,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied retail center with NNN leases and five-year options for every tenant.
Where is this shopping center located?
The property is located at 3330 Pacific Ave SE Olympia, WA.
What are key features of this property?
This property features: 14,184‑square‑foot shopping center at 3330 Pacific Ave SE, Olympia, WA 98501; 100% occupied with NNN leases; 5‑year options for all tenants
(206) 296-9600 Call to check price and availability
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